NOT LISTED FOR SALE

514 Watch Tower Dr Moneta, VA 24121

Estimated Value: $1,819,896 - $2,043,000

4 Beds
3.5 Baths
5,278 Sq Ft
$365/Sq Ft Est. Value

Last Sold April 03, 2023

Last sale price $1,525,000 $289 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $10,523/month

71 Days on Market

Highlights

  • 107 Feet of Waterfront
  • 2 Dock Slips
  • Cathedral Ceiling
  • Dudley Elementary School Rated A-
  • Lake View
  • Screened Porch

About This Home

As of April 2023

This elegant lake home is like a modern day castle...complete with turrets in the master bedroom & screened in porch & its very own elevator! Over five thousand square feet of finished living space offers main level master suite & laundry that allow for one floor living. Featuring a large chefs kitchen with commercial refrigerator, built in coffee maker and gas stove as well as ample cabinet space. Bonus room above the garage. Upper level office, & the lower level features two additional bedrooms each with its own en suite bathroom. The lower level also offers an entertainment area with full kitchen & bar. Four HVAC units for maximum comfort. Oversize three car garage.

Last Agent to Sell the Property

Jennifer Mazeika

PROPERTY NAVIGATORS LLC License #0225224190 Listed on: 12/19/2022

PROPERTY NAVIGATORS LLC

Co-Listed By

Tricia Johnson

PROPERTY NAVIGATORS LLC License #0225079258

Last Buyer's Agent

Logan Smith

PROPERTY NAVIGATORS LLC License #0225254195

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,468

Year Built

  • Built in 2012

Lot Details

  • 0.47 Acre Lot
  • 107 Feet of Waterfront
  • Cul-De-Sac
  • Lot Sloped Down
  • Property is zoned R1

HOA Fees

  • $17 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Stucco

Interior Spaces

  • 5,278 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Wired For Sound
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • French Doors
  • Insulated Doors
  • Living Room with Fireplace
  • Screened Porch
  • Lake Views
  • Alarm System

Kitchen

  • Built-In Oven
  • Gas Range
  • Built-In Microwave
  • Dishwasher
  • Compactor
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Walk-In Closet

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Dock has a Storage Area
  • Boat Hoist or Davit
  • 2 Dock Slips
  • Covered Dock

Schools

  • Dudley Elementary School
  • Ben Franklin Middle School
  • Franklin County High School

Utilities

  • Heat Pump System
  • Underground Utilities
  • Electric Water Heater

Community Details

  • Gary Rogers Association
  • Lakewatch Plantation Subdivision

Listing and Financial Details

  • Tax Lot 23

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,468

Year Built

Built in 2012

Lot Details

0.47 Acres

HOA Fees

$17 per month

Listing Details

  • Interior Features: Alarm, Audio-Video Wired, Cathedral Ceiling, Ceiling Fan, Gas Log Fireplace, Walk-in-Closet, Wet Bar
  • Heating System: Heat Pump Electric
  • Fireplace(s): Living Room
  • Type: A
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Full
  • Major Appliances: Clothes Dryer, Clothes Washer, Compacter, Dishwasher, Disposer, Microwave Oven (Built In), Range Gas, Refrigerator, Wall Oven
  • Cooling System: Heat Pump Electric
  • Outside Features: Covered Porch, Screened Porch
  • Views: Lake
  • BedroomsBREntryLevel: 1
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 2328.00
  • Entry Below Grd Fin S Q F T: 2095
  • ExteriorDoors: French, Insulated
  • Fireplace Number Fireplaces: 1
  • FullBathsFullBathsLowerLvl: 2
  • HalfBathsHalfBathsEntryLvl: 1
  • InternetAccessCurntInternetProv: Century Link
  • LaundryLaundryEntryLevel: 1
  • LengthOfWaterfront: 107.00
  • Major Area: 04 - Franklin County
  • NumberPrimCovSpaces: 2.00
  • Phone Email: gary.grogan.rogers@gmail.com
  • P O A Condo Contact Name: Gary Rogers
  • POACondoDues: 200.00
  • POACondoTermsAM: Annual
  • Hoa2 Or Poa: Yes
  • PrimCoveredPrking: Garage Attached
  • Residential Type: Detached
  • Style Of House: 1.5 Story, 2 Story
  • SubagentAuthorized: No
  • Total Above Grd Fin S Q F T: 3183
  • TotalBdrm: 4
  • TotalBths: 3.10
  • TotalCovdPrkSpc: 2.00
  • TotalFBaths: 3
  • Total Finished Sq Ft: 5278.00
  • TotalHBaths: 1
  • UpperAboveGrdFin Sq Ft: 855.00
  • Water Class: Waterfront Property
  • WaterDetailsChannelMarker: R-37
  • WaterDetailsNumberCoveredSlips: 2
  • Water Htr Energy: Electric
  • WaterID: Smith Mtn Lake
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement YN: Yes

Exterior Features

  • Porch: Front Porch, Rear Porch

Utilities

  • Sewer Description: Public Sewer
  • Water Description: Public Water
  • Water Heater Type: Tank

Association/Amenities

  • Misc Features: Cul-de-sac, Paved Road, Underground Util

Lot Info

  • Lot Description: Down Slope, Views
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.47
  • Lot: 23
  • Phase: 1
  • ZoningCode: R1

Green Features

  • Water Features: Cove

Building Info

  • Year Built: 2012

Tax Info

  • Taxes (6 mo): 6468.00

MLS Schools

  • Elementary School: Dudley
  • HighSchool: Franklin County
  • Middle School: Ben Franklin Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 17, 2023
Sold by
Heaster William D and Heaster Kammy Sue
Bought by
Stegall Properties Llc
Current Estimated Value
$1,928,474

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Outstanding Balance
$1,168,532
Interest Rate
6.71%
Mortgage Type
Construction
Estimated Equity
$759,942

Purchase Details

Listed on
Dec 19, 2022
Closed on
Mar 23, 2023
Sold by
Wesson Sandra K
Bought by
Heaster William D and Heaster Kammy Sue
Seller's Agent
Jennifer Mazeika
PROPERTY NAVIGATORS LLC
Buyer's Agent
Logan Smith
PROPERTY NAVIGATORS LLC
List Price
$2,150,000
Sold Price
$1,525,000
Premium/Discount to List
-$625,000
-29.07%
Views
383

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.43%

Purchase Details

Listed on
Apr 11, 2017
Closed on
Apr 27, 2018
Sold by
Foutz Sherman D and Foutz Sally
Bought by
Miller Michael S and Miller Sandra K
Seller's Agent
Tim Basham
RE/MAX LAKEFRONT REALTY INC
List Price
$1,295,000
Sold Price
$1,090,165
Premium/Discount to List
-$204,835
-15.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.08%
Original Mortgage
$453,100
Interest Rate
4.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 22, 2011
Sold by
Bank Of Botetourt
Bought by
Foutz Sherman D and Foutz Sally

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
4.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 26, 2011
Sold by
Patterson John R
Bought by
Bank Of Botetourt

Purchase Details

Closed on
Mar 22, 2010
Sold by
Dpi Inc
Bought by
Tsh Investments Ltd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,400,000
Interest Rate
5.05%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 2, 2005
Sold by
Lake Watch Llc
Bought by
Evl Development Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Stegall Properties Llc $1,600,000 Fidelity National Title
Heaster William D -- Old Republic National Title
Miller Michael S $1,090,000 None Available
Foutz Sherman D $949,000 --
Bank Of Botetourt $1,250,000 --
Tsh Investments Ltd $1,100,000 --
Evl Development Llc $270,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stegall Properties Llc $1,200,000
Previous Owner Miller Michael S $453,100
Previous Owner Foutz Sherman D $240,000
Previous Owner Tsh Investments Ltd $1,400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/03/2023 04/03/23 Sold $1,525,000 -17.5% $289 / Sq Ft
02/28/2023 02/28/23 Pending -- -- --
02/23/2023 02/23/23 Price Changed $1,849,500 0.0% $350 / Sq Ft
02/15/2023 02/15/23 Price Changed $1,849,700 0.0% $350 / Sq Ft
02/07/2023 02/07/23 Price Changed $1,849,900 0.0% $350 / Sq Ft
02/04/2023 02/04/23 Price Changed $1,850,000 -7.5% $351 / Sq Ft
01/31/2023 01/31/23 Price Changed $1,999,200 0.0% $379 / Sq Ft
01/21/2023 01/21/23 Price Changed $1,999,500 -7.0% $379 / Sq Ft
12/19/2022 12/19/22 For Sale $2,150,000 +97.2% $407 / Sq Ft
05/07/2018 05/07/18 Sold $1,090,165 -15.8% $207 / Sq Ft View Prior Sale
02/08/2018 02/08/18 Pending -- -- --
04/11/2017 04/11/17 For Sale $1,295,000 -- $245 / Sq Ft
Source: Roanoke Valley Association of REALTORS®

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,856 $1,594,300 $158,000 $1,436,300
2024 $6,786 $1,594,300 $158,000 $1,436,300
2023 $6,545 $1,073,000 $155,000 $918,000
2022 $6,545 $1,073,000 $155,000 $918,000
2021 $6,545 $1,073,000 $155,000 $918,000
2020 $6,545 $1,073,000 $155,000 $918,000
2019 $6,317 $1,035,600 $144,000 $891,600
2018 $6,317 $1,035,600 $144,000 $891,600
2017 $5,696 $919,800 $190,000 $729,800
2016 $5,696 $919,800 $190,000 $729,800
2015 -- $919,800 $190,000 $729,800
2014 -- $919,800 $190,000 $729,800
2013 -- $919,800 $190,000 $729,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 894934

Roanoke Valley Association of REALTORS®

APN: 0150702300

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